Answer:
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Answer:
$138,345
Step-by-step explanation:
This is a compound decline problem, which will be solve by the compound formula:

Where
F is the future value (value of house at 2030, 14 years from 2016)
P is the present value ($245,000)
r is the rate of decline, in decimal (r = 4% = 4/100 = 0.04)
t is the time in years (2016 to 2030 is 14 years, so t = 14)
We substitute the known values and find F:

Rounding it up, it will be worth around $138,345 at 2030
Answer are in pictures below
Answer:
Step-by-step explanation:
For problem 10:
1. AE/ED=AC/CB (Since triangle ABC is similar to triangle ADE, we can determine that the ratio of AE to ED is equal to the ratio of AC to CB)
2. AE/ED=(AE+EC)/CB (Rewrite AC as the sum of the lengths forming it; This is sometimes referred to as the Partition Postulate)
3. 9/x=(9+6)/10 (Substitute the given values into this equation)
4. x=6 (Use algebra to solve for x)
For problem 11:
1. AG/AB=AE/AD (Use the same strategy as step one in problem 10, since the rectangles are similar we can create this equation)
2. AG/(AG+GB)=AE/(AE+ED) (Rewrite sides as the some of their parts)
3. 14/(14+7)=18/(18+x) (Substitute given values)
4. x=9 (Solve for x)
lmk if there are mistakes in my explanation, hope this helps :)
Answer:
No
Step-by-step explanation: